The Board of RBL Bank at its meeting held on 29 April 2022 has accorded its approval to raise or borrow monies by issue of USD denominated unsecured Tier 2 subordinated notes in accordance with the Reserve Bank of Indias (RBI) Master Circular – Basel III Capital Regulations dated April 1, 2022, as amended from time to time (Basel III Capital Regulations) aggregating up to US$ 100,000,000 (One Hundred Million United States Dollars) (the Notes) offered under Section 4(a)(2) of the United States Securities Act of 1933, as amended to identified investors.
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